Envestnet Asset Management Inc. Grows Stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Envestnet Asset Management Inc. raised its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 78.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 378,178 shares of the company’s stock after acquiring an additional 166,782 shares during the period. Envestnet Asset Management Inc. owned approximately 1.82% of JPMorgan Equity Focus ETF worth $24,075,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 64.2% during the first quarter. Concurrent Investment Advisors LLC now owns 4,965 shares of the company’s stock valued at $316,000 after purchasing an additional 1,941 shares in the last quarter. Castle Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 6.5% during the first quarter. Castle Wealth Management LLC now owns 71,834 shares of the company’s stock valued at $4,573,000 after purchasing an additional 4,386 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of JPMorgan Equity Focus ETF by 63.3% during the first quarter. D.A. Davidson & CO. now owns 51,796 shares of the company’s stock valued at $3,297,000 after purchasing an additional 20,080 shares in the last quarter. Novem Group lifted its holdings in shares of JPMorgan Equity Focus ETF by 39.5% during the first quarter. Novem Group now owns 180,300 shares of the company’s stock valued at $11,478,000 after purchasing an additional 51,054 shares in the last quarter. Finally, DAVENPORT & Co LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 408.2% during the first quarter. DAVENPORT & Co LLC now owns 72,067 shares of the company’s stock valued at $4,588,000 after purchasing an additional 57,885 shares in the last quarter.

JPMorgan Equity Focus ETF Price Performance

Shares of NASDAQ:JPEF opened at $70.23 on Wednesday. The company has a market cap of $1.57 billion, a P/E ratio of 26.67 and a beta of 1.11. JPMorgan Equity Focus ETF has a 1 year low of $55.46 and a 1 year high of $70.96. The stock’s fifty day moving average price is $68.00 and its 200-day moving average price is $66.28.

JPMorgan Equity Focus ETF Company Profile

The JPMorgan Equity Focus ETF (JPEF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of US stocks. Selection integrates ESG factors to their bottom-up fundamental analysis. JPEF was launched on Jul 28, 2023 and is issued by JPMorgan Chase.